February hogs push to winter lows. January 6, 2023

Price action was quite bearish this week with February posting -7.42 trades and April -5.65. Seven trading sessions of consecutive losses have been noted on both concern over US hog processing delays and Chinese demand. February ended the week pushing below the lows from December and nearing a downside gap on the charts from early October.

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Allendale, Inc.
4506 Prime Parkway McHenry, IL 60050

1.800.2MARKET | 1.800.551.4626
Local: 815.578.6150 | Fax: 815.363.5511

service@allendale-inc.com

©2019 Allendale, Inc.
This communication is intended as a solicitation for business in the U.S. Please see our full disclaimer.
Site designed and developed by Turnkey Digital.